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Press release from PR Newswire

CME Group Volume Averaged 12.8 Million Contracts per Day in February 2012, up 10 Percent from January 2012

Friday, March 02, 2012

CME Group Volume Averaged 12.8 Million Contracts per Day in February 2012, up 10 Percent from January 201207:30 EST Friday, March 02, 2012- Open interest reached 92 million contracts, up 17 percent from year-end 2011 - Metals average daily volume rose 12 percent - Average daily volume cleared through CME ClearPort increased 14 percentCHICAGO, March 2, 2012 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that February 2012 volume averaged 12.8 million contracts per day, down 13 percent from February 2011 ? which posted exceptionally strong average daily volume due to the impact of  significant unrest in the Middle East throughout the month ? but up 10 percent from January 2012.  Total volume for February was 255 million contracts, of which 83 percent was traded electronically.  Open interest at the end of February 2012 reached 91.8 million contracts, up 17 percent from the end of 2011.  This open interest growth year-to-date in 2012 through February compares with 11 percent to date in 2011 through February.  Open interest growth year-to-date through February 2012 was especially strong in interest rates at 30 percent, equity indexes at 22 percent and foreign exchange (FX) at 20 percent. In February 2012, CME Group interest rate volume averaged 6.0 million contracts per day, down 19 percent from February 2011, but up 15 percent sequentially.  Treasury futures volume averaged 2.9 million contracts per day, down 13 percent compared with same period a year ago, but up 50 percent sequentially.  Treasury options volume averaged 322,000 contracts per day, down 13 percent from February 2011, but up 4 percent sequentially.  Eurodollar futures volume averaged 1.9 million contracts per day, down 29 percent from February 2011.  Eurodollar options volume averaged 815,000 contracts per day, down 8 percent from the prior February.CME Group equity index volume averaged 2.2 million contracts per day, down 14 percent from February 2011.  CME Group foreign exchange (FX) volume averaged 848,000 contracts per day, down 9 percent from February last year, but up 14 percent sequentially, reflecting average daily notional value of $110 billion.CME Group energy volume averaged 2.1 million contracts per day, in line with February 2011, and up 6 percent sequentially.  CME Group agricultural commodities volume averaged 1.2 million contracts per day, down 9 percent compared with the prior year period, but up 13 percent compared with January 2012.  CME Group metals volume averaged 395,000 contracts per day, up 12 percent compared with the same period last year, and up 8 percent sequentially.Electronic volume averaged 10.5 million contracts per day in February 2012, down 13 percent from February 2011, but up 11 percent sequentially.  Privately negotiated volume decreased 12 percent to 225,000 contracts per day, from the prior February.  Average daily volume cleared through CME ClearPort was 624,000 contracts in February 2012, up 14 percent compared with February 2011, and up 7 percent compared with January 2012.  Open outcry volume averaged 1.4 million contracts per day, down 20 percent versus the prior-year period, and up 3 percent sequentially.MONTHLY AVERAGE DAILY VOLUME (ADV) Total Exchange ADV( in thousands)  Feb 2012Feb 2011 Trading Days2019     PRODUCT LINEFeb 2012Feb 2011Percent Change Interest Rates5,9917,368-19%Equity Indexes2,2012,554-14%Foreign Exchange (FX)848933-9%Energy (including CME ClearPort)2,1432,1500%Agricultural Commodities1,1911,315-9%Metals (including CME ClearPort)39535212%     Total12,76814,672-13%   VENUEFeb 2012Feb 2011Percent ChangeOpen outcry1,3741,709-20%CME Globex10,54512,160-13%Privately negotiated225254-12%CME ClearPort (OTC)62454814% ROLLING THREE-MONTH AVERAGES Average Daily Volume (In thousands)  3-Month Period EndingPRODUCT LINEFeb-12Jan-12Dec-11Nov-11Interest Rates4,8884,8584,7295,315Equity Indexes2,4192,7513,1473,673Foreign Exchange (FX)771760820940Energy1,8541,7491,7041,795Agricultural Commodities1,0199951,0041,099Metals342335315376     Total11,29411,44911,71913,199     VENUEFeb-12Jan-12Dec-11Nov-11Open outcry1,1961,2151,1731,346Electronic9,3649,5249,86411,136Privately negotiated202202204225CME ClearPort (OTC)531507492470 Average Rate Per Contract (In dollars)  3-Month Period EndingPRODUCT LINEJan-12Dec-11Nov-11Oct-11Interest Rates0.4810.4800.4730.473Equity Indexes0.6970.7050.7080.707Foreign Exchange (FX)0.8410.8280.8140.799Energy1.5471.5071.4971.507Agricultural Commodities1.2231.2301.2391.237Metals1.6971.7061.7361.639     Total0.8200.8110.8020.781     VENUEJan-12Dec-11Nov-11Oct-11Exchange-Traded0.7500.7480.7420.724CME ClearPort (OTC)2.3302.2902.3522.473Average daily volume and rate per contract figures from 2008 have been revised due to standardizing NYMEX reporting conventions to follow CME's treatment of post-trade transactions such as exercises, assignments and deliveries.As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk.  CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate.  CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its trading facilities in New York and Chicago.  CME Group also operates CME Clearing, one of the world's leading central counterparty clearing providers, which offers clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort®.  These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.            CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc.  CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are registered trademarks of New York Mercantile Exchange, Inc.  COMEX is a trademark of Commodity Exchange, Inc.  All other trademarks are the property of their respective owners. Further information about CME Group (NASDAQ: CME) and its products can be found at www.cmegroup.com.  CME-G  SOURCE CME GroupFor further information: Michael Shore, 312.930.2363, or Chris Grams, 312.930.3435, news@cmegroup.com, www.cmegroup.mediaroom.com; or Investor Contact, John Peschier, 312.930.8491